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Author Topic: What is the problem for DOGECOIN?  (Read 1468 times)
hakans (OP)
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December 22, 2013, 05:33:26 PM
 #1

the price is 0.00000041 btc.
a giant crash for doge.

what's the matter?
dogecoin is dying ?
Yurizhai
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December 22, 2013, 05:35:07 PM
 #2

The problem with memes is that they get old faster the more popular they are.
Bitcoins101
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December 22, 2013, 05:41:06 PM
 #3

The problem is that it shot up 1000% in about a day.

This is really just a correction in price. Everything went too fast - Dogecoin certainly isn't old or dead - for the past two days the Dogecoin subreddit has been the fastest growing nondefault subreddit. Also, check it out on Google trends: http://www.google.com/trends/explore#q=dogecoin

It's going to start growing again, mark my words.

rikkejohn
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December 22, 2013, 05:48:29 PM
 #4

mass giveaway, mass selling

someone has been buying, though, so expect a bit of a reversal soon.

1PkwpyTLo5TfagzCPgjdvQFNVzuEyHViGt
insertcoolusername
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December 22, 2013, 06:00:28 PM
 #5

Dogecoin will revive. 

Also, help me find the torrent in my signature please someone.  Wife will love me, and you forever, since shes 8 months preggo and on forced bedrest.
Netnox
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December 22, 2013, 06:10:31 PM
 #6

It needs a new meme to survive lol
jdwi31
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December 22, 2013, 06:26:01 PM
 #7

 pump and dump scheme
DaMoonIsDaFuture
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December 22, 2013, 06:38:29 PM
 #8

There is a huge amount of DOGE being mined, there are MANY MANY coins.

Multipools are mining millions of millions coins every few hours and then dump it on the exchange for the cheapest price, this repeats itself after a few hours and massively inflates the coin.

This is the main problem. When multipools added the coin it began dropping.

hakans (OP)
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December 22, 2013, 07:27:11 PM
 #9

what is the next?
continue to drop ?
or increase?
hvezdasmrti
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December 22, 2013, 08:43:57 PM
 #10

stagnation will come. For DUMP its too popular and for PUMP it gets instant kill of price when it "wins" at coinwarz and multipools start to dump it.

In Pump and Dump we trust.
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